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You're being very incoherent. > The means of production, be it machinery or brains, are privately owned. They are not. The government literally owns the bulk
by djrobstep 8y ago
You're being very incoherent.
> The means of production, be it machinery or brains, are privately owned.
They are not. The government literally owns the bulk of the wealth. Not only in the oil sector but in a wide variety of industries, both directly and through the fund.
- Gravityloss 8y agoYou are correct in the sense that the government owns 67% of Equinor (formerly Statoil and Norsk Hydro): https://en.wikipedia.org/wiki/Equinor https://en.wikipedia.org/wiki/Equinor And controls the oil fund.
- ptaipale 8y ago"Wealth" the government owns is often just "wealth" or "resources" rather than "means of production".